* What are the causes of high unemployment? A change in expectations is needed * By Fiona Mullen Director Sapienta Economics Ltd One by-product of the population census in October 2011, which
Iran has threatened to destroy U.S. military bases across the Middle East and target Israel within minutes of being attacked, Iranian media reported on Wednesday, as Revolutionary Guards extended test-firing of ballistic
The Syrian army pressed its offensive against rebels, bombarding the city of Douma near Damascus, and Turkey said it had scrambled warplanes after Syrian helicopters flew near its border. Turkey's armed forces
Bob Diamond squares up to critical British lawmakers on Wednesday, a day after quitting as Barclays' chief executive over the Libor interest rate scandal, potentially dragging the Bank of England, government
Cyprus, which applied for an EU bailout last week, acquired 1.79 billion euros ($2.3 billion) worth of shares in the island's second-largest lender, in a previously announced move to help it meet
U.S. home prices rose in May in a fresh sign the battered sector is stabilizing, data analysis firm CoreLogic said on Monday. CoreLogic's home price index gained 1.8 percent from April and
Russian Prime Minister Dmitry Medvedev unveiled a $1 billion bridge to a remote Far East island on Monday, seen as a symbol of the Kremlin's eagerness to retain influence in the
The decline in motor vehicles registrations accelerated in the first five months of the year, with total registrations dropping by 25.6% to 12,276 in January – May 2012, from 16,489 in January
Outbound travel from Cyprus was stable in May, with the number of residents returning from a trip abroad rising by 0.2% to 88,384 residents in May, compared with 88,171 in May 2011.
Despite soaring unemployment the average earnings of the average Cypriot employee rose by 2.5% over the same period of the previous year in the first quarter of 2012 according to the preliminary
